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Asas Makeen Awards SAR315 Million Construction Contract to Itihad Al Thabat for Riyadh Projects
Sep 20, 2026•about 2 hours ago
Contract Type
contract
RiyadhReal EstateReal Estate InvestmentCommercial Real Estate
Description
Asas Makeen has awarded a SAR315 million contract to Itihad Al Thabat Contracting to complete construction and finishing works for several residential and commercial projects in Riyadh. The projects will cover 65,000 sq m and are expected to be delivered on a cost-plus-fee basis within 18 months.
Company Information
Company
Asas Makeen Real Estate Development and Investment Company
Location
Riyadh, Riyadh Region, Saudi Arabia
About
Asas Makeen Real Estate Development and Investment Company is a Saudi-based firm specializing in the development of residential and commercial properties. They focus on innovative real estate solutions that enhance community living. With a commitment to quality and timely project delivery, Asas Makeen plays a significant role in the Saudi real estate market.
Predictive Intelligence
Strategic
ML-powered predictions for Asas Makeen Real Estate Development and Investment Company's next move
RiyadhReal EstateReal Estate InvestmentCommercial Real Estate